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INDIQUBEEQ / NSE, BSEListed

Indiqube Spaces Limited

Founded in 2015, this company offers tech-driven and sustainable managed workplace solutions. It operates 103 centers across 13 cities, covering 7.76 million square feet with 172,451 seats. Between March 2022 and June 2024, it added 41 new properties and expanded to five new cities. About 31.67% of its portfolio includes renovated buildings. Its presence spans major cities like Bengaluru, Pune, Chennai, Mumbai, Noida, Gurugram, and Hyderabad, along with other cities such as Coimbatore, Kochi, Madurai, Jaipur, Calicut, and Vijayawada. The company provides flexible co-working spaces, fully customizable premium office setups, and property management services enhanced by technology. It also offers an app for desk bookings, transport, meals, helpdesk, and events. Its business model focuses on acquiring full buildings in high-demand areas and working with landlords to renovate older spaces into modern work environments, primarily catering to large enterprise clients. As of June 30, 2024, the company employs 625 permanent staff members.

₹225 - ₹23712.41x sub
Listed Price216.00
Listing Gain-8.86%
TimelineBookbuilding IPO
Open23 Jul 2025
Close25 Jul 2025
Allotment28 Jul 2025
Listing30 Jul 2025

Quota Reservation Portions

RetailPortion: 29,47,257 shares
9.98%
Nii(hni)Portion: 44,20,886 shares
14.97%
QIBPortion: 88,41,772 shares
29.94%
EmployeesPortion: 69,767 shares
0.24%

Minimum Application Bracket Matrix

Retail1 lots / 63 shares
₹14,931
sHNI14 lots / 882 shares
₹2,09,034
bHNI67 lots / 4,221 shares
₹10,00,377

About the Company

Founded in 2015, this company offers tech-driven and sustainable managed workplace solutions. It operates 103 centers across 13 cities, covering 7.76 million square feet with 172,451 seats. Between March 2022 and June 2024, it added 41 new properties and expanded to five new cities. About 31.67% of its portfolio includes renovated buildings. Its presence spans major cities like Bengaluru, Pune, Chennai, Mumbai, Noida, Gurugram, and Hyderabad, along with other cities such as Coimbatore, Kochi, Madurai, Jaipur, Calicut, and Vijayawada. The company provides flexible co-working spaces, fully customizable premium office setups, and property management services enhanced by technology. It also offers an app for desk bookings, transport, meals, helpdesk, and events. Its business model focuses on acquiring full buildings in high-demand areas and working with landlords to renovate older spaces into modern work environments, primarily catering to large enterprise clients. As of June 30, 2024, the company employs 625 permanent staff members.

Company Promoters

Rishi DasMeghna AgarwalAnshuman Das